Latest Updates | Tariff War: Trump Pauses Tariffs On Neighbors; China Strikes Back
Tuesday, 4 February 2025 Trump is expected to speak with Chinese President Xi Jinping as soon as this week, raising hopes of a potential deal to prevent a broader trade war.
China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese...
U.S. Treasury Secretary Scott Bessent warns nations not to retaliate against Trump’s sweeping tariffs, stating that escalation will follow if countries strike back. Bessent assures markets that..
Trade war retaliation intensifies as countries impose counter-tariffs on U.S. goods. Major economies like China, the EU, and Canada are hitting back with new trade barriers, escalating tensions. As the..
Countries have vowed to hit back at US President Donald Trump's global tariffs onslaught, as markets tumble over fears his trade war would damage the world economy. Trump spared almost no nation on his..